Friends Of Mt Vernon Place Inc in Baltimore, Maryland (MD)

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Friends Of Mt Vernon Place Inc
Employer Identification Number (EIN)760732666
Name of OrganizationFriends Of Mt Vernon Place Inc
In Care of NameMidtown Helen M Schlossberg Cohen
Address1221 N Calvert St, Baltimore, MD 21202-3908
SubsectionCharitable Organization
Ruling Date06/2007
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2011
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$19,115
Amount of Income$25,307
Form 990 Revenue Amount$25,307
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Nonmonetary Support (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$25,307
Contributions, gifts, grants, and similar amounts received$24,012
Program service revenue including government fees and contracts$0
Membership dues and assessments$1,295
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$30,566
Total net assets$19,115
Deficit for the year$-5,259
Net assets or fund balances at beginning of year$24,374
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$19,115
Total liabilities$0
Net assets or fund balances$19,115
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$293,615
Gifts, grants, contributions, and membership fees received$198,612
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$91,190
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$3,813
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